Tech Giant Dell Looks At Blockchain Technology To Boost Server Growth

Dell EMC Technologies, a subsidiary of computer manufacturer Dell, is planning to intoduce products that have blockchain capabilities to retain its prime position in India’s server market.

Founded in 1979, Dell EMC sells data storage, information security, virtualization, analytics, cloud computing and other products and services that enable organizations to store, manage, protect, and analyze data. Its target markets include large companies and small- and medium-sized businesses across various vertical markets. The company was the world’s largest provider of data-storage systems by market share, competing against NetApp, IBM, Hewlett Packard Enterprise, and Hitachi Data Systems.

Dell EMC announced that it is planning to invest in emerging technologies including artificial intelligence (AI), blockchain, data analytics and cloud-compliance in order to remain a leader in the Indian server market.

“The clients that we work with are looking to tap these technologies, which is why we are bringing in servers that allows them to optimize on traditional workloads as well as invest into new age workloads such as cloud, artificial intelligence, analytics and blockchain,” said Manish Gupta, senior director and general manager of Dell EMC India.

Gupta added that demand is particularly strong from “IT-enabled services, banking, financial services and insurance (BFSI) sector and government.” He said Blockchain is also drawing a lot of interest from the government and the BFSI sector.

According to a study by Dell Technologies Digital Transformation Index, 37 percent of Indian businesses plan to invest in blockchain in the next one to three years.

Dmitri Chen, COO and APJ Vice President of Specialty Sales, Dell EMC, said that India is shifting towards digitization and transformation faster than the rest of the world because of the country’s digital agenda and the presence of a highly skilled tech savvy workforce.

“I think people can see that there’s an opportunity that’s pretty unprecedented on where business and technology converges,” Chen said. “We are seeing an aggressive shift among organizations towards technology investments, automation and changing their entire businesses into software oriented cultures.”